Galaxy Digital, the crypto investment giant, seems to have established a new $100 million venture capital fund to invest in early-stage cryptocurrency companies.
The fund aims to invest in as many as 30 startups in the next three years, with checks starting from 1 million dollars.
Galaxy and the new $100 million venture capital fund to invest in crypto startups
According to what has emerged, it seems that the crypto investment giant, Galaxy Digital, is setting up a new $100 million venture capital fund to invest in crypto startups.
And indeed, the plan seems to be to collect this amount from investors in order to invest in cryptocurrency companies in their initial phase.
Specifically, the fund is called Galaxy Ventures Fund I, LP, and aims to invest in 30 startups in the next three years, with checks starting from 1 million dollars.
This should be the first time that the well-known investment giant decides that its venture capital team is also dedicated to cryptocurren
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